Whilst i am in agreement with most of posters ,that it is frustrating that we have continual good news but then no movement in SP.
But over the last 6-9 months there has been a lot of selling in the 10-11 cents range ,this has mainly due to MR getting rid of over 65 mil shares from various entities of his although he has moved substantial amounts to institutions he is still putting some into the market on any good news ,at last check i had with company in Feb he still had 13 mil ,that should less by now .
This is the reason we are not moving up in my opinion , so i think when MR's stock of shares are gone that's when we will see SP explode, hopefully that will happen around the JORC update ,so we all just have to be patient ,maybe one of the institutions will take MR's balance before this
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4 | 441924 | 0.034 |
Price($) | Vol. | No. |
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